Aasritha Chit Fund Private Limited

Aasritha Chit Fund Private Limited - financial services in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U65992TG1997PTC027254 Incorporated 05 June 1997 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2021
₹6.07 Cr
▼ 1% YoY
Net profit · FY 2021
₹61.99 Lakh
Net margin 10.2%
EBITDA · FY 2021
₹1.09 Cr
EBITDA margin 17.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.4 Lakh
Issued & subscribed
Open charges
₹2.89 Cr
Satisfied ₹72 Lakh
Company age
29 yrs
Est. 1997
Employees · EPFO
21
Provident fund records

About Aasritha Chit Fund Private Limited

Data last updated:

Aasritha Chit Fund Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 June 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1997PTC027254. Its GSTIN is 36AABCA7220J1ZV (Telangana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.4 Lakh. It is led by directors including Krishna Nomula (Managing Director) and Indrani Nomula.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 16 – 2 – 1105/10/A/B 4th Floor Near Super Bazar Bus Stop Malakpet, Hyderabad, Telangana, India – 500036.

As per the financials filed for FY 2021, the company reported a revenue of ₹6.07 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹61.99 Lakh (net margin 10.2%) and EBITDA of ₹1.09 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.89 Cr and satisfied charges of ₹72 Lakh on record. Court records list 793 cases involving the company, including 745 filed by the company and 48 filed against it; 102 cases are pending.

Aasritha Chit Fund Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0038014). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992TG1997PTC027254
Registration Number 027254
Incorporation Date 05 June 1997
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0038014

CIN history

Aasritha Chit Fund has one previous CIN (Corporate Identification Number): U65992AP1997PTC027254. The current CIN is U65992TG1997PTC027254, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65992TG1997PTC027254Current
U65992AP1997PTC027254Previous

Recognitions & Rankings of Aasritha Chit Fund

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0038014

Contact details

Aasritha Chit Fund Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.

  • Email
  • Registered Address
    16 – 2 – 1105/10/A/B 4th Floor Near Super Bazar Bus Stop Malakpet, Hyderabad, Telangana, India – 500036
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Aasritha Chit Fund Private Limited, buy the company report.

Comprehensive company report
Aasritha Chit Fund Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Aasritha Chit Fund is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Aasritha Chit Fund Private Limited, buy the company report.

Financials of Aasritha Chit Fund Private Limited

FY 2024 filings available

Aasritha Chit Fund Private Limited reported revenue of ₹6.07 Cr (down 1% YoY) for FY 2021.

Revenue · FY 2021
₹6.07 Cr ▼ 1%
Net profit · FY 2021
₹61.99 Lakh margin 10.2%
EBITDA · FY 2021
₹1.09 Cr margin 17.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 5%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 2%
5 years · compounded
▲ 2%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹61.99 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin17.9%
Net Profit Margin10.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Aasritha Chit Fund Private Limited, buy the company report.

Board of directors of Aasritha Chit Fund Private Limited

Aasritha Chit Fund has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Indrani NomulaDirector01 Apr 200224 Years 6 MonthsCurrent
Krishna NomulaManaging Director01 Apr 200224 Years 6 MonthsCurrent
Sowjanya PamaiahgariAdditional Director12 Jun 20242 Years 4 MonthsCurrent

Peer comparison

Aasritha Chit Fund Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
M.C.I.(Bangalore) Chits Limited₹6.38 Cr (FY 2023)36.0%Bangalore, Karnataka, India
Nedumparambil Nidhi Limited₹6.19 Cr (FY 2022)10.0%Tiruvalla, Kerala, India
GR Chits Private Limited₹6.11 Cr (FY 2025)1.0%Tiruchirappalli, Tamil Nadu, India
Aasritha Chit Fund Private Limitedthis company₹6.07 Cr (FY 2021)₹61.99 Lakh10.2%-1.0%21Hyderabad, Telangana, India
Kalpana Sahu Mutual Benefit Nidhi Limited₹6.06 Cr (FY 2024)39.0%Lucknow, Uttar Pradesh, India
Bilva Chits Private Limited₹6.02 Cr (FY 2025)697.0%Secunderabad, Telangana, India
Rao Brothers Chit-Fund Pvt Ltd₹5.97 Cr (FY 2025)-2.0%Telangana, India
Bihar State Minorities Financial Corporation Limited₹5.91 Cr (FY 2018)70.0%Patna, Bihar, India

To see the full peer comparison of Aasritha Chit Fund Private Limited, buy the company report.

Auditor

Aasritha Chit Fund Private Limited is audited by SIVAIAH & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
SIVAIAH & COFY 2020007019S

Shareholding

The shareholding of Aasritha Chit Fund Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aasritha Chit Fund Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.89 Cr
Satisfied charges
₹72 Lakh
Breakdown by lending institutions
City Union Bank Limited₹2.00 Cr
Hdfc Bank Limited₹0.89 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jun 2024100965036Hdfc Bank Limited₹29.69 LakhOpen
13 Feb 2023100696885Hdfc Bank Limited₹46.54 LakhOpen
14 Jan 2022100529503City Union Bank Limited₹2 CrOpen
07 Jan 2021100580016Hdfc Bank Limited₹12.4 LakhOpen
28 Jan 2019100235759Lakshmi Vilas Bank Limited₹72 LakhSatisfied

To see the full charge records of Aasritha Chit Fund Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aasritha Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Aasritha Chit Fund Private Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
-8.7%

GST

Aasritha Chit Fund has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AABCA7220J1ZVTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Aasritha Chit Fund Private Limited, buy the company report.

Recent activity

Aasritha Chit Fund Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Sowjanya Pamaiahgari was appointed as Additional Director on 12 Jun 2024.

AGM
Aasritha Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 29.69 Lakh with Charge ID 100965036 was registered on 20 Jun 2024.
Appointed
Sowjanya Pamaiahgari was appointed as Additional Director.
Filing
Aasritha Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.54 Lakh with Charge ID 100696885 was registered on 13 Feb 2023.
Charges
A charge with City Union Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100529503 was registered on 14 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.40 Lakh with Charge ID 100580016 was registered on 07 Jan 2021.
Charges
A charge registered on 28 Jan 2019 via Charge ID 100235759 with Lakshmi Vilas Bank Limited was fully satisfied on 15 Jun 2019.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 72.00 Lakh with Charge ID 100235759 was registered on 28 Jan 2019.
Appointed
Indrani Nomula was appointed as Director.
Appointed
Krishna Nomula was appointed as Managing Director.
Incorporation
05 Jun 1997
Aasritha Chit Fund Private Limited was registered on 05 Jun 1997 with Roc Hyderabad & aged 29 years 4 months as per MCA records.

Frequently asked questions

Aasritha Chit Fund is an active private limited company based in Hyderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 June 1997 (29+ years old) and is registered under CIN U65992TG1997PTC027254.

Aasritha Chit Fund has 3 current directors:

The latest financial statements of Aasritha Chit Fund on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Aasritha Chit Fund is 36AABCA7220J1ZV, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Aasritha Chit Fund is U65992TG1997PTC027254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aasritha Chit Fund has 793 court cases on record: 745 filed by the company and 48 filed against it. 102 are pending. Most are in the district courts.

Aasritha Chit Fund was incorporated on 05 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Aasritha Chit Fund by revenue are M.C.I.(Bangalore) Chits Limited, Nedumparambil Nidhi Limited, GR Chits Private Limited, Kalpana Sahu Mutual Benefit Nidhi Limited, Bilva Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).

Sowjanya Pamaiahgari was appointed as Additional Director on 12 Jun 2024. Indrani Nomula was appointed as Director on 01 Apr 2002. Krishna Nomula was appointed as Managing Director on 01 Apr 2002.

Yes, Aasritha Chit Fund is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0038014).

The registered office of Aasritha Chit Fund is at 16 – 2 – 110510AB 4th Floor Near Super Bazar Bus Stop Malakpet, Hyderabad, Telangana, India – 500036.